Just a quick question…
Looking at the EUR/USD chart at the moment there’s a nice clean downchannel extending from Jan 5th right through to today, EXCEPT for that upwards spike to 1.3018 occasioned by the BOE rate hike.
Would you guys continue viewing this as a down channel even though it has been broken on this one occasion? Does the spike through downchannel resistance negate it in any way?
You get my drift lol.